Published on 12/31/2015 in the Prospect News PIPE Daily.
Integrity Capital nets $2.67 million from private placement of stock
Company sells 263,140 common shares at $10.16 apiece through offering
By Devika Patel
Knoxville, Tenn., Dec. 31 – Integrity Capital Income Fund, Inc. raised $2,673,500 of net proceeds from a private placement of stock on Dec. 1, according to an 8-K filed Wednesday with the Securities and Exchange Commission.
The company sold about 263,140 common shares at $10.16 per share.
The private investment fund is based in Colorado Springs.
Issuer: | Integrity Capital Income Fund, Inc.
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Issue: | Common stock
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Net proceeds: | $2,673,500 (net)
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Shares: | 263,140 (approximate)
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Price: | $10.16
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Warrants: | No
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Settlement date: | Dec. 1
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